Bunker Global Open Directory News
2025-03-13MABUX: Global bunker indices to continue slight upward trend on Mar.13.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO), trended slightly downward on Mar.12:
380 HSFO - USD/MT - 499.39 (-1.24)
VLSFO - USD/MT – 578.46 (-0.06)
MGO - USD/MT – 759.71 (-3.22)
As of Mar.12, the MABUX Market Differential Index (MDI), tracking the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), showed the following trends across key ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore were overcharged, with premiums unchanged in Rotterdam and narrowing by $9 in Singapore. Fujairah and Houston stayed in the undercharge zone, with the discount increasing by $12 but decreasing by $1, respectively. Rotterdam’s MDI stayed close to a 100% correlation mark between MBP and DBP.
• VLSFO segment: Rotterdam remained the only overcharged port, with the margin rising by $5. Singapore, Fujairah, and Houston continued to be in the undercharge zone, with the discount dropping by $1 in Singapore and $4 in Fujairah, while remaining unchanged in Houston. MDI in Rotterdam was well above a 100% correlation mark between MBP and DBP.
• MGO LS segment: All four selected ports were underpriced, with the gap widening by $4 in Rotterdam, $6 in Singapore, and $7 in Fujairah, while staying unchanged in Houston. Rotterdam’s MDI remained close to a 100% correlation mark between MBP and DBP.
We expect Global bunker indices to continue their upward trend on Mar.13: 380 HSFO – plus 3-6 USD/MT, VLSFO – plus 3-8 USD/MT, MGO LS – plus-minus 3-9 USD/MT.
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